412 MILLER STREET, Meaford412 MILLER STREET, Meaford — photo 2412 MILLER STREET, Meaford — photo 3412 MILLER STREET, Meaford — photo 4412 MILLER STREET, Meaford — photo 5412 MILLER STREET, Meaford — photo 6412 MILLER STREET, Meaford — photo 7412 MILLER STREET, Meaford — photo 8412 MILLER STREET, Meaford — photo 9412 MILLER STREET, Meaford — photo 10412 MILLER STREET, Meaford — photo 11412 MILLER STREET, Meaford — photo 12412 MILLER STREET, Meaford — photo 13412 MILLER STREET, Meaford — photo 14412 MILLER STREET, Meaford — photo 15412 MILLER STREET, Meaford — photo 16412 MILLER STREET, Meaford — photo 17
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Business For Sale · Land

412 MILLER STREET, Meaford

412 MILLER STREET, Meaford, ON N4L1K9

$6.0M total

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Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

96%

Lot Size

17.59 ac

About this property

Presenting 412 Miller Street - Draft Plan Approved in prime Location - an exceptional 17.59-acre parcel in the heart of Meaford, Ontario, with draft plan approval for 147 residential units. Backed by residential zoning (R2, R3, RM), 412 Miller Rd is perfectly positioned to capitalize on Meafords ongoing population growth, infrastructure expansion and Ontario's Build Homes Faster Act. Nestled just off Highway 26, this site offers quick access to Meaford Harbour, Thornbury, Georgian Peaks, and Blue Mountain Resort & Collingwood. Surrounded by essential amenities like a hospital, community centre, golf course, and local shops, the location combines small-town charm with modern convenience. With housing demand rapidly outpacing supply, Meaford is welcoming new residents from the GTA and beyond seeking affordability, nature, and a relaxed lifestyle. The town is actively investing in infrastructure, including wastewater expansion, to support more than 1,500 new homes and 412 Miller Street is at the front of the line. Whether you're a developer looking for your next build-ready project or an investor seeking future growth in Southern Ontario's real estate market, this is a rare opportunity to shape a vibrant residential community in a high-demand area. Property includes farmhouse land with large garage and barn. Can be leased. Farm land is currently used for cash crop farming netting income. (id:66811)

Financial sandbox

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Estimate
Purchase price$5.99M
Down payment30% · $1.80M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$28K

Projected NOI

$234K

Annual cash flow

$-98K

Cash-on-cash

-5.46%

DSCR

0.70

Going-in cap

3.90%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

71,220

Households

28,842

Median income

$110,000

Median age

32.7

Daytime population

62,041

5-yr growth

2.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 412 MILLER STREET, Meaford.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.